Cerus (CERS) legal chief logs stock grant and Rule 10b5-1 sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cerus Corp Chief Legal Officer Chrystal Jensen reported two stock transactions. On March 5, 2026, Jensen acquired 55,220 shares of common stock as a grant or award at $0.00 per share, bringing direct holdings to 1,083,514 shares. On March 6, 2026, Jensen sold 30,845 shares of common stock at a weighted average price of $2.0055 per share, leaving 1,059,139 shares directly owned. The sale was executed under a Rule 10b5-1 instruction to cover statutory tax withholding and brokerage fees related to vesting restricted stock units and was not a discretionary sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 30,845 shares ($61,860)
Net Sell
2 txns
Insider
Jensen Chrystal
Role
Chief Legal Officer
Sold
30,845 shs ($62K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 30,845 | $2.0055 | $62K |
| Grant/Award | Common Stock | 55,220 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,059,139 shares (Direct)
Footnotes (1)
- Represents shares sold pursuant to an instruction intended to comply with the requirement of Rule 10b5-1 that was elected by the Reporting Person on the date of grant to cover statutory tax withholding obligations and corresponding brokerage fees in connection with the vesting of certain restricted stock units and does not represent a discretionary sale by the reporting person. Represents a weighted average sales price. These shares were sold in a block trade per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold pursuant to such block trade.
FAQ
What insider transactions did Cerus (CERS) report for Chrystal Jensen?
Cerus reported that Chief Legal Officer Chrystal Jensen received a grant of 55,220 common shares and then sold 30,845 shares. The sale was made under a Rule 10b5-1 plan to cover tax withholding tied to vesting restricted stock units.
Was the Cerus (CERS) insider sale by Chrystal Jensen discretionary?
The sale was not discretionary. Footnotes state the 30,845 shares were sold pursuant to a Rule 10b5-1 instruction elected on the grant date, solely to cover statutory tax withholding and brokerage fees related to vesting restricted stock units.
What type of equity award did Cerus (CERS) grant to Chrystal Jensen?
Cerus granted Chrystal Jensen 55,220 shares of common stock as a grant or award on March 5, 2026 at $0.00 per share. This transaction increased her direct holdings to 1,083,514 shares immediately following the award.